Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2201 Lake Ave Thornton, CO

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two buildings on a single lot with live/work potential.

    Property size:
    10,400 SF
    Lot size:
    0.36 Acres

    Property Features for 2201 Lake Ave

    General Information

    Size
    10,400 SF
    Lot size
    0.36 Acres

    We can help!

    Listing Contact
    Stuart Dobson
    Stuart Dobson
    Source: Moodyscre

    Listing Agency: COLORADO REAL ESTATE BROKERS INC Listing Agent: Stuart Dobson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    East Lake Warehouse Opportunity

    This property offers a unique opportunity to acquire warehouse space in East Lake. The property includes two buildings totaling 10,400 square feet, situated on a 0.36-acre lot. Constructed in 1980, the property features four drive-in or overhead doors and an electronic sliding gate. The zoning is Eastlake Business District (EB). The property has 200 amp / 3 phase power. Accessory outside storage is available. Located in an Enterprise Zone, the property is adjacent to the Eastlake & 124th Light Rail Station. The location anticipates growth, with Thornton projected to gain 50,000–65,000 new residents by 2040. The property has potential for live/work use thanks to the expansive layout and versatile site characteristics. Seller financing is available for a qualified buyer, with terms negotiable, including options from a 2-year interest-only loan at 3% to a 10-year fully amortizing loan at 6% P&I, with down payments as low as 25%. The property taxes are $34,482.08.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply Auto Repair Shop Accounting Firm Skin Care Clinic Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Thornton
    County
    Adams
    State
    Colorado
    Longitude
    -105.0674317
    Latitude
    39.9389199

    Nearby Similar for Sale

    • $1,730,000

      Renovated Office Building with Parking

      Well-maintained office building near I-25 with updated common areas.
      9101 Pearl St, Thornton, CO 80229
      View Details
    • $19,750,000

      Thornton Manufacturing Facility For Sale

      144,425 SF high-tech manufacturing facility 100% leased.
      12300 Grant St, Thornton, CO 80241
      View Details
    • $999,000

      Church Facility Ready For Use

      Well-maintained church facility in excellent condition, ready for immediate use.
      2260 E 88Th Ave, Thornton, CO 80229
      View Details
    • $280,000

      One-Level Office Condo For Sale

      One-level office condo in Thornton, CO. Owner carry available.
      8801 Fox Dr, Thornton, CO 80260
      View Details
    • $2,600,000

      Gas Station, C-Store, Car Wash

      Gas station, convenience store, and car wash for sale.
      9201 Huron St, Thornton, CO 80260
      View Details
    • $5,150,000

      Leased Auto Wash Investment

      100% leased auto wash in North Denver submarket.
      16255 Washington St, Thornton, CO 80023
      View Details
    • $4,500,000
      16,751 SF

      Retail/Flex Single Tenant Building High I-25 Visibility

      Retail/Flex Single Tenant Building High I-25 Visibility For Sale
      8651 Grant St, Thornton, CO 80229
      View Details
    • Contact for pricing
      4,008 SF

      Thornton Retail Bank Building

      4,008 SF Vacant Bank, Prime Location
      16501 Washington St, Thornton, CO 80023
      View Details
    • $300,000
      2,703 SF

      Thornton Office Condo - Great Value!

      Spacious Office Condo, Walkout Basement, Thornton.
      8801 Fox Dr, Thornton, CO 80260
      View Details
    • $300,000
      2,758 SF

      Thornton Office Condo - Great Value!

      Spacious Office Condo, Excellent Amenities
      8801 Fox Dr, Thornton, CO 80260
      View Details
    • $300,000
      2,758 SF

      Thornton Retail Condo - Great Investment

      Prime Thornton location, 2,758 sq ft office condo.
      8801 Fox Dr, Thornton, CO 80260
      View Details
    • $19,750,000
      144,425 SF

      Thornton Manufacturing Facility For Sale

      144,024 SF high-tech manufacturing facility in Thornton, Colorado.
      12300 Grant St, Thornton, CO
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two buildings on a single lot with live/work potential.
    Where is this warehouse located?
    The property is located at 2201 Lake Ave Thornton, CO.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Seller financing available with flexible terms (25% down, negotiable rates and terms).; - Prime warehouse space in East Lake with two buildings totaling 10,400 SF on a 0.36-acre lot.; - Located adjacent to the Eastlake & 124th Light Rail Station.
    (303) 919-0309 Call to check price and availability
    Request Owner's contact information
    2201 Lake Ave Thornton, CO
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2201 Lake Ave
    Thornton, CO
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2201 Lake Ave Thornton, CO
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stuart Dobson
    Stuart Dobson
    (303) 919-0309 (720) 522-6706
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!